GameStop gets into films with MovieStop
MARCH 7 | GameStop has quietly gotten into the movie business. The largest U.S. videogame retailer has opened about 40 stores under the MovieStop moniker in Mid-Atlantic and southern states.
Click for Full Story
Kansas town objects to R-rated Redbox kiosks
MARCH 7 | A McDonald’s restaurant in Anthony, Kan., removed the R-rated movies from its Redbox kiosk after a local independent video store owner raised the issue during a Feb. 18 board of commissioners meeting, according to meeting minutes posted on the town’s Web site.
Click for Full Story
NAVD to honor studio supporters
MARCH 7 | The National Assn. of Video Distributors will meet in Santa Monica, Calif., next week for its 25th annual conference with suppliers.
Click for Full Story
Netflix to buy back $150 million in stock
MARCH 7 | Netflix’s board of directors approved a program to buy back up to $150 million worth of additional stock this year.
Click for Full Story
Trans World revenue drops 23% in Q4
MARCH 6 | Trans World Entertainment’s plan to become a broad entertainment retailer hit some bumps in the fourth quarter, as revenue for the three months ended Feb. 2 fell 23% to $451.5 million and the chain posted a net loss of $66 million.
Click for Full Story
Teleflora grows Enchanted rebate deal
MARCH 6 | In conjunction with the March 18 release of Walt Disney’s Enchanted on DVD and Blu-ray, floral service Teleflora is creating some sweet-smelling magic of its own. Inspired by the fairy tale film, the company has created “Teleflora’s Enchanted Bouquet.”
Click for Full Story
Blockbuster Q4 earnings rise on subscription sales
MARCH 6 | Blockbuster’s fiscal fourth-quarter earnings quadrupled as the company edged closer to profitability for its online-subscription program by raising prices and slowed its decline in same-store sales.
Click for Full Story
Consumer electronics helped February retail sales
MARCH 6 | FROM TWICE: Retail sales rose for public-traded retail chains with help from electronic products like HDTV and videogames.
Click for Full Story
Blockbuster gets exclusive window on IFC titles
MARCH 5 | IFC Entertainment will release its titles only to Blockbuster for their first 60 days, with the exclusive spanning sell-through as well as physical and digital rental.
Click for Full Story
VSDA v. Schwarzenegger appeal pending
MARCH 3 | The following summarizes key government affairs activities during January of the Entertainment Merchants Assn. • VSDA v. Schwarzenegger: All the briefs have been filed in the appeal of last year’s decision that permanently enjoined enforcement of the videogame restriction law enacted by the state of California in 2005.
Click for Full Story
EMA backs pending anti-piracy measure
MARCH 3 | The Entertainment Merchants Assn. is supporting a proposed federal government measure that would increase a crackdown on illegally duplicated movies, videogames and other forms of content.
Click for Full Story
Circuit City discounts HD DVD for quick inventory sell-off
MARCH 3 | Circuit City is closing out its HD DVD stock and expects to be rid of the products within the month.
Click for Full Story
Click for MORE
Sony tests digital copies on DVD releases
MARCH 7 | Sony Pictures Home Entertainment is taking an experimental approach to embedding digital copies of its movies on DVD, including offering a half-dozen catalog titles exclusively through Wal-Mart and two DVD premieres to the entire market.
Click for Full Story
NAVD to honor studio supporters
MARCH 7 | The National Assn. of Video Distributors will meet in Santa Monica, Calif., next week for its 25th annual conference with suppliers.
Click for Full Story
Judge denies bail for Girls Gone Wild creator
MARCH 7 | FROM VARIETY: Girls Gone Wild mogul Joe Francis has lost his bid to be released from a Nevada jail without fear of being extradited to Florida.
Click for Full Story
Teleflora grows Enchanted rebate deal
MARCH 6 | In conjunction with the March 18 release of Walt Disney’s Enchanted on DVD and Blu-ray, floral service Teleflora is creating some sweet-smelling magic of its own. Inspired by the fairy tale film, the company has created “Teleflora’s Enchanted Bouquet.”
Click for Full Story
Vivendi adds theatrical, drops “Visual”
MARCH 6 | Vivendi Visual Entertainment has dropped “Visual” from its name and added a theatrical distribution division. As part of the expansion, Tom O’Malley, formerly general manager of VVE, has been named president of Vivendi Entertainment.
Click for Full Story
Hit Entertainment chief quits
MARCH 6 | FROM VARIETY: The CEO of U.K. children’s specialist, Hit Entertainment, has resigned from the company after three years in the job.
Click for Full Story
2007 box office admissions flat, prices up
MARCH 5 | FROM CONTENTAGENDA: Total U.S. and Canadian movie theater receipts surged 5.4% in 2007, to $9.63 billion, thanks to a 5% increase in average ticket prices, according to annual data released Wednesday by the Motion Picture Assn. of America.
Click for Full Story
DEG plans Blu-ray promotional blitz
MARCH 5 | The Digital Entertainment Group is promising to do for Blu-ray Disc what it did for DVD. DEG member companies are launching a consumer education, retail training and public relations blitz to break the high-definition format into the mainstream.
Click for Full Story
Eros and Sony go Blu-ray in India
MARCH 5 | FROM VARIETY: With the high-definition standards war settled, Bollywood giant Eros Intl. and Sony Pictures are releasing films this month on Sony's Blu-Ray.
Click for Full Story
Warner Bros. shape shifts
MARCH 5 | FROM VARIETY: While Time Warner topper Jeff Bewkes made the call to fold New Line Cinema into the Warner Bros. studio, it's up to Warner prexy Jeff Robinov, with guidance from his bosses Barry Meyer and Alan Horn, to figure out how to put the pieces of the new studio paradigm together.
Click for Full Story
MPAA canines to dog movie pirates
MARCH 4 | FROM VARIETY: The MPAA has allocated two bootleg-sniffing retrievers to a school education campaign and donated another two canines to Malaysian authorities to help pick up the scent of counterfeiters.
Click for Full Story
Semi-Pro soft, but nets top spot
MARCH 3 | VARIETY BOX OFFICE REPORT: New Line’s R-rated basketball spoof Semi-Pro didn’t get off to a fast break at the weekend box office, grossing an estimated $15.3 million from 3,121 theaters in the lowest opening for a major Will Ferrell comedy in almost a decade. Laffer won the weekend by default, since the other new pics opened in fewer than 1,200 theaters.
Click for Full Story
Click for MORE
High-Def News
Samsung pulls second-gen dual-format player
MARCH 7 | Citing the end of the format war, Samsung Electronics will not launch its planned second-generation HD DVD/Blu-ray combination player.
Click for Full Story
Glasgow touts Sony’s share gains, Blu-ray, green efforts
MARCH 5 | FROM TWICE: Sony Electronics’ semiannual press roundtable with president Stan Glasgow took a colorful turn, as the company discussed Blu-ray, its green recycling efforts and the successful ad campaign featuring those colorful “HDNA molecules,” among other topics.
Click for Full Story
DEG plans Blu-ray promotional blitz
MARCH 5 | The Digital Entertainment Group is promising to do for Blu-ray Disc what it did for DVD. DEG member companies are launching a consumer education, retail training and public relations blitz to break the high-definition format into the mainstream.
Click for Full Story
Eros and Sony go Blu-ray in India
MARCH 5 | FROM VARIETY: With the high-definition standards war settled, Bollywood giant Eros Intl. and Sony Pictures are releasing films this month on Sony's Blu-Ray.
Click for Full Story
Circuit City discounts HD DVD for quick inventory sell-off
MARCH 3 | Circuit City is closing out its HD DVD stock and expects to be rid of the products within the month.
Click for Full Story
Click for MORE
Videogames News
EA scoring goal with Online soccer
MARCH 7 | FROM VARIETY: Games giant Electronic Arts today celebrates the launch of its Asia HQ in Singapore by scoring a deal to kick a major online soccer game to a potential 20 million gamers in Southeast Asia.
Click for Full Story
Consumer electronics helped February retail sales
MARCH 6 | FROM TWICE: Retail sales rose for public-traded retail chains with help from electronic products like HDTV and videogames.
Click for Full Story
VSDA v. Schwarzenegger appeal pending
MARCH 3 | The following summarizes key government affairs activities during January of the Entertainment Merchants Assn. • VSDA v. Schwarzenegger: All the briefs have been filed in the appeal of last year’s decision that permanently enjoined enforcement of the videogame restriction law enacted by the state of California in 2005.
Click for Full Story
Games, TV, telecoms lift Vivendi
MARCH 3 | FROM VARIETY: Vivendi Games posted $274.8 million in operating profits, up an extraordinary 57% on 2006, off revenues of $1.5 billion. Blizzard Entertainment sales rocketed up 58% to $1.2 billion, driven by a 20% increase in the subscriber base to 10 million for online game franchise World of Warcraft.
Click for Full Story
Click for MORE